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but jack lew is opposite of that. he thinks he las the set of skills he needs among candidates to replace jack lew as chous chief of staff. one source tells me set leading candidate. we will see if that announcement is made tomorrow as is jack lew for treasury. >> if jack lew is secretary treasury, it'll look something like this, whatever that is. accidentally, tim geithner had a different signature but changed it for the green back. ma maybe jack lew will do the same. >> the power the new treasury hassle have the power to shape. but is this is real risk? fresh off a multiyear run at tcw, first off, congratulations of being a self-employed business man. >> thank you, very much. >> now all of the bills fall to you. >> yes. >> but it is always ladies first. >> glad to hear it. first off, jack lew, no doubt his commitment to dc. my problem is his commitment to dc. he only served out of d.c. one year in the hedge fund department. is he the right man for the job? >> listen, i think you raise an important point. i think wha
but jack lew is opposite of that. he thinks he las the set of skills he needs among candidates to replace jack lew as chous chief of staff. one source tells me set leading candidate. we will see if that announcement is made tomorrow as is jack lew for treasury. >> if jack lew is secretary treasury, it'll look something like this, whatever that is. accidentally, tim geithner had a different signature but changed it for the green back. ma maybe jack lew will do the same. >> the power...
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Jan 9, 2013
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let me say more about jack lew, we call this one, you don't know jack. >> of course you do. >> this is a financial education. beginning with harvard and georgetown. but that never disqualified anybody. tip o'neill 93 and '94, special to president clinton. and that's what john harwood was talking about. incredible expertise with the budget. moving on in 2006, new york university as executive advice president. then a stint at citigroup. first at global wealth management and next in a controversy by the way that comes up with a large bonus he got while citigroup was getting tart money. finally reenter the administration. i'm sure the administration will make a cot of, as secretary in charge of of resource management. and second stint of omb. then white house chief of staff to the present. let's look at positive. some private sector banking experience. that ends up being a negative. close to the president, you have treasury secretaries with more or less connections to the white house. . finally ton negatives, is this the guy you want in office during financial crisis like you had with geit
let me say more about jack lew, we call this one, you don't know jack. >> of course you do. >> this is a financial education. beginning with harvard and georgetown. but that never disqualified anybody. tip o'neill 93 and '94, special to president clinton. and that's what john harwood was talking about. incredible expertise with the budget. moving on in 2006, new york university as executive advice president. then a stint at citigroup. first at global wealth management and next in a...
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Jan 10, 2013
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what about now with jack lew? brian jacobson chief portfolio strategist at wells fargo joining us now from milwaukee wisconsin. at first look, what do you think? >> well, i think this is an example where we will probably see history not necessarily repeat but it will most likely rhyme with what happened when geithner made his first speech. i'm not all that confident that lew is going to be a good replacement for geithner. i think he's not a very unifying individual. he's more of a polarizing figure. and it makes it more likely that the next two years until the midterm elections that we could see more battles and skirmishes in washington, d.c. as opposed to fewer. dagen: what would you like to see as a stock investor? >> a treasury secretary who is more focused on building compromise. but think the lesson we learned in the debate last year when there was discussion about debt ceiling is that lew is one of these types of individuals who very politically savvy but that doesn't necessarily equate to being a statesman
what about now with jack lew? brian jacobson chief portfolio strategist at wells fargo joining us now from milwaukee wisconsin. at first look, what do you think? >> well, i think this is an example where we will probably see history not necessarily repeat but it will most likely rhyme with what happened when geithner made his first speech. i'm not all that confident that lew is going to be a good replacement for geithner. i think he's not a very unifying individual. he's more of a...
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Jan 8, 2013
01/13
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what did the white house press second say about this. >> jack lew is the chief of staffed has served in a critical role for on this administration as director of the office of management and budget. a well known figure both here at the white house and throughout washington for the past four years. for more, here is jay carney. >> i would simply say that the president is obviously engaged in a process that will lead to decisions on who should fill posted or vacant. as was in the case this week with the defense department and c.i.a. and prior to that the state department, he will make announcements when he has made a decision. >> that would be press secretary 101, do not get out ahead of the president of the united states but all sources say jack lew will be named treasury-secretary. >> shep: what are they saying about the past clashes with lew and process in general? >> i talked to jeff sessions moments ago. he said that he is troubled by the jack lew selection because he feels like lew has been too close to the political people inside the white house. he has not been independent from
what did the white house press second say about this. >> jack lew is the chief of staffed has served in a critical role for on this administration as director of the office of management and budget. a well known figure both here at the white house and throughout washington for the past four years. for more, here is jay carney. >> i would simply say that the president is obviously engaged in a process that will lead to decisions on who should fill posted or vacant. as was in the case...
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who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. lori: here's your fox business brief. snapping a two-day losing streak stocks continue their upward trend as fourth quarter earnings season gets off to a strong start with alcoa last night. right now the dow is up 61 points. >>> billionaire leon black apparently sweet on hostess. "new york post" says the head of private equity firm apollo global management teaming up
who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get...
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Jan 9, 2013
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what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fiscal cliff issue. there are some big deadline's coming up in march between sequestration and the budget resolution as well as the bigger issue around the debt ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts with tax reform as well as immigration issues and infrastructure issues. >> i hear the same message from business people across the country. we need more certainty from washington if we're going to kick start growth in this economy. is washington helping or hindering in a bid to bring unemployment down in the country? >> being the optimist that i am, i say washington is attempting to help. what was passed at the end of the calendar year was a good first start. but there's a lot more that needs to be done. they are helping. if we can get past some of the partis
what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fiscal cliff issue. there are some big deadline's coming up in march between sequestration and the budget resolution as well as the bigger issue around the debt ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts...
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tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut the 1997 balanced budget deal. so the white house sees him as someone with a lot of experience, ready to take on some of the big challenges over the treasury department as we are facing the so-called mini cliffs, the big one, the debt ceiling, something he will have to deal with right away. >> when is the formal announcement of the nomination expected and another partisan fight down the road? >> very well could be. we have been trying to nail it down. all we have from sources is that it will happen sometime this week mptd not certain if that is tomorrow or friday or over the weekend but it will happen
tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut...
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so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> things are looking up for the u.s. economy. let's hope our politicians don't bring it down. from the cnn money newsroom, in new york, i'm ali velshi. this is your money. walmart reverses itself on gun violence meeting. do you know who jack lew is? you will soon. more nightmares on the dreamliner. and america is on track to prosper if we just let it. but, first, that walmart story. the change of heart. vice president jo
so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how...
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host: jack lew coming in, and he was the president's point person. does that give you any confidence on budgets considering his background? caller: no, his background is just as bad. he practiced law for a few years, but he is basically a politician who used to work for tip o'neill. he does not care anything about economic growth. when the you hear any obama administration official talking about economic growth? that is what is needed, not more government programs that just run up debt. who is going to pay the debt back? host: ran on the independent line. caller: i am calling about timothy geithner exactly and the whole federal resolve -- reserve, for that matter. people are making like me of timothy geithner 0 in tax money. i do not make lightly of that. he came in a 0 in tax money knowing that he owed tax money. he was thinking he was above it anyway. that is one point. the second, our unemployment rate is sky-high under timothy geithner. the national debt is sky high under timothy geithner. third, we have lost our national credit rating, our world
host: jack lew coming in, and he was the president's point person. does that give you any confidence on budgets considering his background? caller: no, his background is just as bad. he practiced law for a few years, but he is basically a politician who used to work for tip o'neill. he does not care anything about economic growth. when the you hear any obama administration official talking about economic growth? that is what is needed, not more government programs that just run up debt. who is...
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perhaps the best clues for that are in an op-ed from two years ago from jack lew. inis entitled "the easy cuts are behind us." the piece absolutely advocates getting out of our debt and getting the debt and deficit under control. but it does so by discussing some cuts in defense and then examples of scaling back things like something called the great lakes restoration initiative. not eliminating it, just cutting it by maybe a quarter of its present cost. a sav
perhaps the best clues for that are in an op-ed from two years ago from jack lew. inis entitled "the easy cuts are behind us." the piece absolutely advocates getting out of our debt and getting the debt and deficit under control. but it does so by discussing some cuts in defense and then examples of scaling back things like something called the great lakes restoration initiative. not eliminating it, just cutting it by maybe a quarter of its present cost. a sav
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that is not going to be a good enough answer for jack lew. bill: we'll get sessions on the air starting next week. we'll see who else is on his side. stephen hayes, thank you. >> thanks, bill. bill: in washington with us today. martha, what's next? martha: what's next is this. we're waiting for new numbers. they're expected to come out in the next hour or so to the extent of this deadly spread of the flu outbreak and there are some new questions whether enough is being done to protect schools with all this. we'll tell you the length of some schools are going to now to disinfect. bill: more than washing your hand, huh? if you saw a pair of men walking through your neighborhood carrying assault rifles what would you do? two guys exercising their second amendment rights here. >> we were educating, letting people know they can come up and talk to us. we're very friendly, said hi to people. we let people know that guns are not bad things. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the
that is not going to be a good enough answer for jack lew. bill: we'll get sessions on the air starting next week. we'll see who else is on his side. stephen hayes, thank you. >> thanks, bill. bill: in washington with us today. martha, what's next? martha: what's next is this. we're waiting for new numbers. they're expected to come out in the next hour or so to the extent of this deadly spread of the flu outbreak and there are some new questions whether enough is being done to protect...
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>> well, jack lew a favorite of president obama because he has serious knowledge of the federal budgets. he has a no drama style. he has been serving this president in a very high profile capacity since president obama took office as white house chief of staff and before that as the director of the office of management and budget. lew has served as director of those two big jobs. bottom line is we are told that he is well-trusted well regarded here at the white house, shep? >> probably not a household name everywhere but well known in washington, jack lew. >> no question about that certainly with those two high profile jobs here at the obama administration over the past four years has been engaged in some tough negotiations with lawmakers on capitol hill. this photo we are showing you is from new year's eve. is he on the right wearing glasses and a blue tie. and bottom line the top republican on the senate budget committee says while he offered this prediction about the confirmation battle. >> it is a bumpy confirmation process. i think the american people need to know that the secretar
>> well, jack lew a favorite of president obama because he has serious knowledge of the federal budgets. he has a no drama style. he has been serving this president in a very high profile capacity since president obama took office as white house chief of staff and before that as the director of the office of management and budget. lew has served as director of those two big jobs. bottom line is we are told that he is well-trusted well regarded here at the white house, shep? >>...
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i think jack lew is an exceptionally good choice to be secretary of treasury. this is not about saving detroit. it's not about the banking system coming to collapse. we're in a fiscal and budgetary bind of historic proportion and it's going to be congress to a great degree and the white house. and i think that anybody who has been twice budget director, judy, 30 years ago, jack lew was negotiating for the speaker of the house o thomas p o'neill when they were doing the greenspan commission on social security between ronald reagan's white house and the democrats in the house. i mean his experience is-- he doesn't have pan ach, he doesn't have dash, he's not going to give you, you know, two colourful things. he's to the going to talk off the record like that the. but i just think he is a great choice. >> quickly, some conversation this week about lack of diversity so far in the president's pick. should we be -- >> you know, ruth marcus said he should have had some binders full of women. you for example i do think ruth made the point that there is not a lot-- ther
i think jack lew is an exceptionally good choice to be secretary of treasury. this is not about saving detroit. it's not about the banking system coming to collapse. we're in a fiscal and budgetary bind of historic proportion and it's going to be congress to a great degree and the white house. and i think that anybody who has been twice budget director, judy, 30 years ago, jack lew was negotiating for the speaker of the house o thomas p o'neill when they were doing the greenspan commission on...
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in terms of whether jacks lew changes anything, you're right the president makes the policy. now, sometimes you can have a treasury secretary that can have an influence like if you have a robert ruben kind of person who had a heavy influence on bill clinton and got him to see how important reducing the deficit was. but obama seems to choose people who are just going to execute, not actually make policy. stuart: okay. dream on kirsten, dream on. i've got to break in for a second. news just in from the news conference for the f.a.a. secretary ray lahood has been holding. >> we believe this is a safe aircraft, talking about the 787 dreamliner, of course referring to the boeing dreamliner, saying look, it's safe. this is what the f.a.a. is saying at the news conference, announcing the review of the dreamliner and that's the conference held right now. boeing stock is down a buck and a half on that. now this: snow in jerusalem, lowest temperature there in decades. lowest temperature in china in three decades. however, the u.s. saw its warmest year on record last year and we've got
in terms of whether jacks lew changes anything, you're right the president makes the policy. now, sometimes you can have a treasury secretary that can have an influence like if you have a robert ruben kind of person who had a heavy influence on bill clinton and got him to see how important reducing the deficit was. but obama seems to choose people who are just going to execute, not actually make policy. stuart: okay. dream on kirsten, dream on. i've got to break in for a second. news just in...
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white house chief of staff jack lew is said to be high on the list. the irs will accept 2012 tax returns starting january 30th, 8 days later than planned due to tax law changes in the fiscal cliff bill. now for an early look at how alcoa's earnings could affect today's trading. larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday's number was good. most people weren't expecting them to beat on revenue. but they beat by quite a bit. people were maybe thinking earnings per share, that could be better. but that is a good thing for the market, a good thing for the materials sector. i think it is going to give a lot of confidence going forward. > the stock market pulled back yesterday. should investors be concerned about that, or is it just one of those things that has to happen here? > > let's look at what happened. we had a gigantic rally january 2nd. right now we are just digesting and consolidating those gains. we are seeing correlations break down, which means certain groups are doing better than others. people ar
white house chief of staff jack lew is said to be high on the list. the irs will accept 2012 tax returns starting january 30th, 8 days later than planned due to tax law changes in the fiscal cliff bill. now for an early look at how alcoa's earnings could affect today's trading. larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday's number was good. most people weren't expecting them to beat on revenue. but they beat by quite a bit. people were maybe...
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jack lew was an integral part of it. he believes in a balanced budget, he's fiscally prudent, he should be confirmed. i like him, i think he's the last guy. lori: matt, i'll give you the last word. >> you've got to be kidding me. a wall street guy? [laughter] >> he's a good man. >> he can't balance the budget. >> yes, he can. >> he's just going to spend. i'm sorry, doug, i don't want to disparage -- lori: all right, it's just getting interesting. sorry, we're out of time. thanks so much. and thank you for joining me. i'm lori rothman sitting in for lou dobbs tonight. catch me each day on now, 1 p.m. have a fantastic weekend, everybody. neil: let it be known this is the week the president tried to become a dictator. i know, i know, it sounds crazy, and, man, do i hope i'm wrong, but this is the week i discovered a president who sized up an opposition party that was very weak. this was the week that barack obama came in peace to rip our constitution to pieces. welcome, everybody, i'm neil cavuto, and i know, i know, i know
jack lew was an integral part of it. he believes in a balanced budget, he's fiscally prudent, he should be confirmed. i like him, i think he's the last guy. lori: matt, i'll give you the last word. >> you've got to be kidding me. a wall street guy? [laughter] >> he's a good man. >> he can't balance the budget. >> yes, he can. >> he's just going to spend. i'm sorry, doug, i don't want to disparage -- lori: all right, it's just getting interesting. sorry, we're out...
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and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to work to make at least one lett lett letter legible, should he be confirmed as secretary of treasury. >> this is what his signature would actually look like on the dollar bill. that's just awful. >> is it third grade when they focus on your handwriting skills and penmanship? maybe he can sit in on a class. >> the treasury secretary wants to audit your class. >>> nine minutes past the hour. yesterday we brought you the l
and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed...
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jack lew is himself a washington insider. he's well known to congress and he's there to shepherd the process along. he's not got the wall street experience that a lot of people on the street might be hoping for. but he really knows how to move the process forward. >> is that exposed to weakness? being an insider on the political front, but obviously having no external wall street experience, how much weakness is that, do you think? >> i think there are limits to what anybody can do does she. >> it's a round about, isn't it? >> but jack lew has one big advantage and that is that he's coming into office with the u.s. economy expanding. >> which is good news. tina, thanks for joining us. just to remeepd you what is on today's agenda in the united states, wells fargo is the first of the u.s. banks to report earnings this season.thely during that hour, best buy is going to be in focus, as well. we wanted to look at the governance reform. >>> still to come, all the latest on the italian elections when we come back in a few moments.
jack lew is himself a washington insider. he's well known to congress and he's there to shepherd the process along. he's not got the wall street experience that a lot of people on the street might be hoping for. but he really knows how to move the process forward. >> is that exposed to weakness? being an insider on the political front, but obviously having no external wall street experience, how much weakness is that, do you think? >> i think there are limits to what anybody can do...
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that's now i knew about jack lew at the top of the list. same with these guys. they are lobbyists, talking directly to the white house. this is the short list that's being, you know, compiled right nor, and it looks like it's summers for the fed chairman or this guy, ferguson, and, by the way, it's early. names could change. this is what i have now, but my name list, my lists have been good. melissa: excellent. what else is excellent is the news on her ball life. >> there's a meeting, and herbal life, and calls is a pyramid scheme saying it's a company that should go to zero. upon city, whatever it is, it's bad. thinks it should be zero. the company is fighting back. they hired david boyce, a high profile attorney. they will have a meeting, and where's the investment? they are keeping it secret because of the press. the meetings' at the four seasons hotel at 50 and 57, i drink there regularly. this will be in the morning. by the way, great bar. melissa: that's the place to see to be seen. >> i thought you said cnbc. >> no, see and be seen, the place to go. >> no
that's now i knew about jack lew at the top of the list. same with these guys. they are lobbyists, talking directly to the white house. this is the short list that's being, you know, compiled right nor, and it looks like it's summers for the fed chairman or this guy, ferguson, and, by the way, it's early. names could change. this is what i have now, but my name list, my lists have been good. melissa: excellent. what else is excellent is the news on her ball life. >> there's a meeting, and...
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what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fiscal cliff issue. there are some big deadline's coming up in march between sequestration and the budget resolution as well as the bigger issue around the debt ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts with tax reform as well as immigration issues and infrastructure issues. >> i hear the same message from business people across the country. we need more certainty from washington if we're going to kick start growth in this economy. is washington helping or hindering in a bid to bring unemployment down in the country? >> being the optimist that i am, i say washington is attempting to help. what was passed at the end of the calendar year was a good first start. but there's a lot more that needs to be done. they are helping. if we can get past some of the partis
what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fiscal cliff issue. there are some big deadline's coming up in march between sequestration and the budget resolution as well as the bigger issue around the debt ceiling. and then we need to get to the longer-term issues in terms of where america is going, and that starts...
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president obama is expected to soon name jack lew the new head of the treasury department. lew currently serves as white house chief of staff, but is reportedly the president's pick to fill the role as head of the treasury which will be vacated by timothy geithner following the inaguration. lew has served as budget director under both president obama and president clinton. he is also a wall street alum, as citigroup's managing director before heading to capitol hill. talks on gun control led by vice president joe biden are underway, with the vp promising something will be done to avert mass shootings in america. "urgent action. and the president and i are determined to take action." biden is hosting a series of meetings with people from all walks of life to discuss gun control. that includes walmart, the nation's largest seller of guns and ammunition. earlier, it was reported a rep would not attend the meetings; but later the retailer said it would send an approriate representative. morgan stanley is cutting back on its senior staff in its latest round of job cuts. the firm
president obama is expected to soon name jack lew the new head of the treasury department. lew currently serves as white house chief of staff, but is reportedly the president's pick to fill the role as head of the treasury which will be vacated by timothy geithner following the inaguration. lew has served as budget director under both president obama and president clinton. he is also a wall street alum, as citigroup's managing director before heading to capitol hill. talks on gun control led by...
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jack lew wants you to know nothing about what he's thinking or about what he's doing. you could almost see the j in the first letter. alternative is that you see nothing else. it does reveal something. what it reveals, because of the circles, is that he's a methodical and deliberate thinker. so he doesn't want you to know. he doesn't display any of his personality in each letter because there's no letters there. what it does show you, however, is that he is a takeover king, kind of like you, victor. >> oh! >> and, of course, randi. large beginning strokes indicate that he loves responsibility. as the end stroke is a little caution. but he's the kind of guy that spends a lot of time by himself. he is very happy with himself. he probably eats lunch at his desk every day. the end stroke in many of his signatures goes up, which is a contradiction of what we see in his signature because it indicates he wants to be the center of attention but he doesn't want to tell you anything about himself. you see a lot even though he doesn't show it. >> it doesn't even look like his nam
jack lew wants you to know nothing about what he's thinking or about what he's doing. you could almost see the j in the first letter. alternative is that you see nothing else. it does reveal something. what it reveals, because of the circles, is that he's a methodical and deliberate thinker. so he doesn't want you to know. he doesn't display any of his personality in each letter because there's no letters there. what it does show you, however, is that he is a takeover king, kind of like you,...
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president obama set to nominate jack lew for treasury secretary today, so is this signature coming to a dollar bill near you today? january 10th, 2013. >>> good morning, welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm in more matt this morning. this case is pretty serious. nine states, health officials reporting a real problem in massachusetts. >> that's right. at least 18 flu related deaths so far. 700 confirmed cases in boston alone. hospitals are overrun with people complaining with flu-like symptoms coast-to-coast. we'll get the latest in a report straight ahead. and carl, after confess iing to all of us, only matt received his flu shot. we're going to do something. we're going to get a flu shot. >> i'm already thinking which arm to roll up. >> roll up that sleeve. i wore short sleeves on purpose. >>> joe biden comes face to face with members of the nra today. at the white house with details. >>> surprising punishments of some distracted drivers involved in deadly crashes are now getting, why are some of these sentences just so light. >> savannah, as you
president obama set to nominate jack lew for treasury secretary today, so is this signature coming to a dollar bill near you today? january 10th, 2013. >>> good morning, welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm in more matt this morning. this case is pretty serious. nine states, health officials reporting a real problem in massachusetts. >> that's right. at least 18 flu related deaths so far. 700 confirmed cases in boston alone....
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i think jack lew is going to be the same. what was interesting is the geithner treasury has not been especially public treasury, but the idea with jack lew, it will be even less public than that. >> good point. lew not a friend of the camera, as even the president suggested in that presser yesterday. >> exactly. >> thanks a lot, steve lies plan. >> planes, trains and automobiles, dow transports rising, hitting the third consecutive interday high. big names like goldman getting more bullish on the sector. is a run-up almost over? we're talking tranies a little later on. robert frank is coming to the post for the million-dollar minute. >> melissa, i've got the hottest new toy for billionaires. and why this toy made some big news this week. that's coming up on "squawk on [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at
i think jack lew is going to be the same. what was interesting is the geithner treasury has not been especially public treasury, but the idea with jack lew, it will be even less public than that. >> good point. lew not a friend of the camera, as even the president suggested in that presser yesterday. >> exactly. >> thanks a lot, steve lies plan. >> planes, trains and automobiles, dow transports rising, hitting the third consecutive interday high. big names like goldman...
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jack lew is the likely nominee. if he picks lew it could set the stage for another contentious confirmation battle. is there any other kind these days, mike emanuel? it seems like everybody that is being picked with the sepgs of senator kerry looks like a tough battle on capitol hill tell us a little bit more about this. >> reporter: good afternoon to you, as you look the at recent nominations these people are all obama people and jack lew has served this president as director of the office of management and budget and white house chief of staff. we are told it is all but a done deal for jack lew to replace timothy geithner as treasury secretary. lew has become a favorite of the president because he has sharp knowledge of the federal budget and his style is no drama. his confirmation would likely be taking place during some bruising budget fight and as congress considers increasing the nation's credit card the debt limit from the podium the white house press secretary has avoided getting ahead of mr. obama. >> i hav
jack lew is the likely nominee. if he picks lew it could set the stage for another contentious confirmation battle. is there any other kind these days, mike emanuel? it seems like everybody that is being picked with the sepgs of senator kerry looks like a tough battle on capitol hill tell us a little bit more about this. >> reporter: good afternoon to you, as you look the at recent nominations these people are all obama people and jack lew has served this president as director of the...
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president obama's pick for the treasury secretary is jack lew. but jack has a knack with his loopy john hancock. now fans of lew loops are petitioning to see his squiggles on every bill because when tim geithner became the head of the treasury, he changed his signature to be more legible on u.s. currency. we just checked and about 300 people have signed the petition. 25,000 signatures, though, needed to reach the petitioners' goal. >> jamie: could be a collector's item. president obama's approval rating taking a slight hit this week in the wake of the fiscal cliff deal. >> gregg: according to a brand-new rasmussen poll, 54% of likely voters approve of the job the president is doing. 44% disapprove. so what else are the polls telling us? >> jamie: scott rasmussen is an independent pollster. great to see you. how big a change was this? >> not much of a change at all. a week ago the president's job approval was 56%. the peak of his post-election bounce was 58%. so it's easing back to a more normal range right now. you got to keep it in context. firs
president obama's pick for the treasury secretary is jack lew. but jack has a knack with his loopy john hancock. now fans of lew loops are petitioning to see his squiggles on every bill because when tim geithner became the head of the treasury, he changed his signature to be more legible on u.s. currency. we just checked and about 300 people have signed the petition. 25,000 signatures, though, needed to reach the petitioners' goal. >> jamie: could be a collector's item. president obama's...
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president obama we just learned is expected to name jack lew as treasury secretary tomorrow. we will talk about that. if you looking for bargains, target has gift wrap, and children's, and women's apparel is marked down on tuesday, and wednesday, men's apparel and health and beauty are marked down and toys. researchers say the best deals are usually at the edges of the stores not in the middle of the target store. >> possible tension between the white house and walmart over gun control. walmart is taking a pass on an invitation by the white house to sit down with biden and talk about the issue. stocks look like this, a little bit higher as we get good earnings from alcoa and the silicon valley index is just a sight bit lower. >> thank you. this we go to weather. mike? >> we will talk about what is going on, we will start with an outside shot, beautiful colors there and the fog is why we have the dense fog advisory in the east bay and north bay valley from our east bay hills camera. a beautiful picture there. live doppler 7 hd showing it is dry. the cloud cover will be thick e
president obama we just learned is expected to name jack lew as treasury secretary tomorrow. we will talk about that. if you looking for bargains, target has gift wrap, and children's, and women's apparel is marked down on tuesday, and wednesday, men's apparel and health and beauty are marked down and toys. researchers say the best deals are usually at the edges of the stores not in the middle of the target store. >> possible tension between the white house and walmart over gun control....
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is jack lew's signature. before he worked at the white house he worked at hostess as a cupcake icer. >> is that your kigt or are you testing to see if the pen works? the only way that you're allowed to have that as your signature is if your name is boing boing boing boing boing. >> perhaps our future treasury secretary. >> that's so funny. thanks, john, appreciate it. >>> lance armstrong, is he going to admit to doping? he's sitting down with oprah next week, his first interview since he was stripped of his seven tour de france titles and banned for life. the rumor is he's going to use that interview to admit he took performance enhancing drugs for years. howard kurtz host of "reliable choices" and lauren ashburn, editor-in-chief of "the daily gallow." nice to talk to both of you. do you think he has to confess if he's going to sit down with oprah? >> what else is he going to d is he going to talk about his family? he has to do something, right? but the problem is i don't think oprah is oprah anymore. do you
is jack lew's signature. before he worked at the white house he worked at hostess as a cupcake icer. >> is that your kigt or are you testing to see if the pen works? the only way that you're allowed to have that as your signature is if your name is boing boing boing boing boing. >> perhaps our future treasury secretary. >> that's so funny. thanks, john, appreciate it. >>> lance armstrong, is he going to admit to doping? he's sitting down with oprah next week, his...
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. >> jack lew will not be nominate ed for secretary of penmanship so the new signature could come to your >> fremont, palo alto and all the bay area this is abc7 news. >> good thursday morning. the embarcardero, san francisco, ferry building, gorgeous shot. no action for you expected here in san francisco. mike nicco is checking out would might be seeing some showers in the next few hours and maybe a little snow. he will check out live doppler 7 hd for you coming up. >> the accreditation of city college in san francisco is on the line. officials need more time for a report. drastic changes are needed to keep their accreditation or the school loses federal funding and may have to close. a trustee says they may not have enough time to comply with 14 recommendations by the march 15 deadline. the school is seeking to extend the deadline to offer the report. >> the kings may move to seattle in a $500 million deal. yahoo is reporting they would sell to san francisco-based investor and someone from microsoft. seattle lost the sonics when they moved to oklahoma city and johnson used to play
. >> jack lew will not be nominate ed for secretary of penmanship so the new signature could come to your >> fremont, palo alto and all the bay area this is abc7 news. >> good thursday morning. the embarcardero, san francisco, ferry building, gorgeous shot. no action for you expected here in san francisco. mike nicco is checking out would might be seeing some showers in the next few hours and maybe a little snow. he will check out live doppler 7 hd for you coming up. >>...
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. >>> president obama sbre deuced white house chief of staff jack lew as his choice as treasury secretary. the president has been criticized for nominating another white man. we heard comments from new york congressman charlie rangel and new hampshire senator jeanne shaheen. >> it's embarrassing as hell and i kind of think there's no excuse when it's his second term. >> he has places where he could appoint women and i hope he'll take a look and do that. >> cbs news political director john dickerson is in washington. john, good morning. >> good morning, norah. >> all right, so is it all the president's men, as they say for president obama? >> well, right now it looks like it these last three appointments all white males, and this criticism is basically, look, mr. president, you won your election based on the votes of women and minorities so you should respect that in your naming of your cabinet picks. the white house pushes back and says he's only half way through the process, don't judge him so quickly, but if the president's being judged quickly on race and gender issues it may in fact b
. >>> president obama sbre deuced white house chief of staff jack lew as his choice as treasury secretary. the president has been criticized for nominating another white man. we heard comments from new york congressman charlie rangel and new hampshire senator jeanne shaheen. >> it's embarrassing as hell and i kind of think there's no excuse when it's his second term. >> he has places where he could appoint women and i hope he'll take a look and do that. >> cbs news...
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we'll talk to you about if you're feelings of jack lew in a moment. on the deal that we did. you see everybody's taken the zeros off of what we owe and everybody's seen that now. i guess we're making $23,000 a year, we're spending $38,000. so we're adding $16,000 to our credit card bill every year. and we already owe $160,000 on our credit card bill. and the fiscal cliff deal cut $38 off of our expenses or something when you take everything off. is that -- >> actually worse than that. >> how can it be worse? >> actually our cliff bill was an absolute embarrassment to the united states of america. let me clarify. if we had gone over the cliff, it would have been an "f." and a total failure of our system. but when you analyze the bill, it was an "f" on spending. we actually increased spending. we didn't reduce 13e7bding. we increased spending. >> all the democrats tell me that there was already a trillion dollars of spending cuts that -- i didn't -- >> that was from august 2011. okay, but what i'm saying is, if you just look at this bill in isolation, it increased spending. it
we'll talk to you about if you're feelings of jack lew in a moment. on the deal that we did. you see everybody's taken the zeros off of what we owe and everybody's seen that now. i guess we're making $23,000 a year, we're spending $38,000. so we're adding $16,000 to our credit card bill every year. and we already owe $160,000 on our credit card bill. and the fiscal cliff deal cut $38 off of our expenses or something when you take everything off. is that -- >> actually worse than that....
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. >> there is jack lew signature. we could have a pretty ugly signature on our dollar bill. >> is it even a signature or did he start drawing charlie brown and give up after the hair? good grief! and it got no better when lew explained his fiscal policy quote i describe budget tapestry when it's hope dream of a nation. >> bret: thanks for inviting us into your home tonight. that is it for "special report," fair, balanced and unafraid. charles, i had more time. >> shepard: this is the fox report. tonight, the feds say the deadly flu epidemic -- outbreak is now an epidemic. widespread in all but three states and killing children. but there may be some good news. and it's supposed to be among the most advanced passenger jets in all the world. but for the dream liner, it's really more nightmare. they have had electrical problems, a cracked windshield, even a fire. >> every new commercial airplane has issues in the inner service. >> shepard: now the feds are investigating. still, the dozens of dream liners already in servi
. >> there is jack lew signature. we could have a pretty ugly signature on our dollar bill. >> is it even a signature or did he start drawing charlie brown and give up after the hair? good grief! and it got no better when lew explained his fiscal policy quote i describe budget tapestry when it's hope dream of a nation. >> bret: thanks for inviting us into your home tonight. that is it for "special report," fair, balanced and unafraid. charles, i had more time....
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>> let's do jack lew in a citi payout. >> president obama has nominated jack lew to replace tim get near, and criticism's already begun to resurface over lew's work at citigroup. according to his financial statement, he received $944,000. alex, did we mess up on the comma? was that $94,000? >> no, the decimal's in the right place. >> the decimal's in the right place, okay. so he received $944,518 from citigroup in 208. citi received, of course, a $45 billion federal bailout that same year. and, you know, i would be so nervous endorsing that check from a bailout company, my squiggles would be a straight line there. right there. he put that on the back of some check and got a cool million dollars. >> mm-hmm. >> the president described his move from chief of staff to treasury as bittersweet but insisted the loss will be the nation's gain. >> over the years, he's built a reputation as a master of policy who can work with members of both parties and forge principled compromises. jack has my complete trust. i know i'm not alone in that. in the words of one former senator, having lew on your te
>> let's do jack lew in a citi payout. >> president obama has nominated jack lew to replace tim get near, and criticism's already begun to resurface over lew's work at citigroup. according to his financial statement, he received $944,000. alex, did we mess up on the comma? was that $94,000? >> no, the decimal's in the right place. >> the decimal's in the right place, okay. so he received $944,518 from citigroup in 208. citi received, of course, a $45 billion federal...
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today, he announces his in tent to nominate jack lew for treasury secretary to replace geithner. and secretary hilda solis is resigning, the first latino to run a major u.s. federal agency. >>> and trying to find out what caused a crowded high speed commuter ferry to crash into a dock wednesday in lower manhattan. about 70 people were injured in the accident. it recently got new engines and a new propulsion system but investigators don't know if an overhaul was a factor in the crash. >>> banning risky mortgages and restrict teaser rates that go upward and cap a percentage of a borrower's income that could go towards loan payments and will take effect next year. >>> oscar nominations, nominated for best picture, beasts of the southern wild. "silver linings playbook," "zero dark 30," "lincoln," "les miserables," "life of pi," "amour," "django unchained" and "argo." "lincoln" leading the pack with the most nominations with 12. the oscars will be awarded february 24th. >>> some incredible online video of the ultimate moonwalk. video of a man walking on a tightrope in front of the moo
today, he announces his in tent to nominate jack lew for treasury secretary to replace geithner. and secretary hilda solis is resigning, the first latino to run a major u.s. federal agency. >>> and trying to find out what caused a crowded high speed commuter ferry to crash into a dock wednesday in lower manhattan. about 70 people were injured in the accident. it recently got new engines and a new propulsion system but investigators don't know if an overhaul was a factor in the crash....
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a source familiar with the process tells fox the reason is jack lew has that the president cited decided a major budget fis with republicans on the debt ceiling and recently somewhat perverted fiscal cliff, also budget director under president bill clinton and obama known as someone with a very deep knowledge of budgeting. before joining the obama administration, he was a chief f operating officer at the citigroup alternative investments unit reported lost money to do that, although it earned profits from betting against the subprime mortgage market and will be if the fed to confirm him in one predicts very contentious process. >> it is a bumpy confirmation process. many people have no secure treasury will tell them the truth both of financial conditions of this country and lay out a plan that can be analyzed and studied it will hold up under scrutiny. they haven't done that from the white house yet. he has had a failure to lead. speaking of the republican complaint, difficult to work with during 2011 debt ceiling debate, probably a plus for the president. i do. cheryl: probably why he d
a source familiar with the process tells fox the reason is jack lew has that the president cited decided a major budget fis with republicans on the debt ceiling and recently somewhat perverted fiscal cliff, also budget director under president bill clinton and obama known as someone with a very deep knowledge of budgeting. before joining the obama administration, he was a chief f operating officer at the citigroup alternative investments unit reported lost money to do that, although it earned...
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lew. he would replace treasury secretary tim geithner. that announcement is set for 1:30 eastern today. c-span will have live coverage. all this week at 6 eastern here on c-span2 we're featuring past q&a programsment today it's supreme court justice antonin scalia on his book, "making your case: the art of persuading judges." it gives advice to lawyers. and then at 7 eastern, it's another q&a program, a conversation with neil barofsky. he's written a book called "bailout: an inside account of how washington abandoned main street while rescuing wall street." >> back in the heyday of the private student lending market, um, you saw a lot of families who weren't necessarily going to for-profit colleges. you know, their student was going to, say, a music school. i wrote an article about a gardener who sent his son to college, you know, the first in the family to go to college. he made about -- the dad made about $21,000 a year. that was family income. and he was able to borrow six figures from
lew. he would replace treasury secretary tim geithner. that announcement is set for 1:30 eastern today. c-span will have live coverage. all this week at 6 eastern here on c-span2 we're featuring past q&a programsment today it's supreme court justice antonin scalia on his book, "making your case: the art of persuading judges." it gives advice to lawyers. and then at 7 eastern, it's another q&a program, a conversation with neil barofsky. he's written a book called "bailout:...
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e expect the current chief of staff, jack lew, to replace outgoing treasury secretary tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>> now, to the fire that broke out on a boeing dreamliner at logan international airport in boston, right after passengers got off that jet. the japan airlines 787 was parked at the gate. no one was injured. but the fire was the latest in a string of incidents for the high-tech new jetliner. abc's jim avila is in washington with the latest. jim, good morning. >> reporter: good morning, amy. few things are as frightening as smoke on an airplane. but fortunately, in this case, the only real damage was done to the reputation of boeing's new dreamliner airplane. firefighters at boston's logan field, dousing smoke on the plane of
e expect the current chief of staff, jack lew, to replace outgoing treasury secretary tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>>...
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the news faces include his nomination of john kerry at state, chuck hagel at defense, jack lew takes over treasury and the president still has to fill the labor secretary post. we're told that some of the first-timers sticking around for the second term include the attorney general, that's eric holder. health secretary cath leaning sebelius and veterans affairs secretary eric shinseki. joining me now is stephen clemens, the editor-at-large at the atlantic. thanks for coming in on a saturday. >> thank you. good to be with you. >> the president's being criticized. we've said this a couple of times because of his new cabinet picks, that they're all white men and it doesn't reflect sort of the makeup of america. is that fair? >> well, i think when you look at a portion of a cabinet, you might be able to make that argument, and i don't think president obama is saying the first four years that he did the diversity thing and now he's moving beyond that to bring in you know a lot of elder white gentleman. i think if chuck hagel with his accomplishments happened to be a gay hispanic man, bara
the news faces include his nomination of john kerry at state, chuck hagel at defense, jack lew takes over treasury and the president still has to fill the labor secretary post. we're told that some of the first-timers sticking around for the second term include the attorney general, that's eric holder. health secretary cath leaning sebelius and veterans affairs secretary eric shinseki. joining me now is stephen clemens, the editor-at-large at the atlantic. thanks for coming in on a saturday....